Common use of Program Withdrawals Clause in Contracts

Program Withdrawals. (a) Subject to the terms and conditions of this Agreement, and except as provided in Section 4.4(b), a Triggering Event for a Program Withdrawal will result in a transfer of funds from the Deposit Accounts at ICS Settlement the next Business Day (“Regular Program Withdrawal”). (b) Schedule 1 states whether, in ICS-Daily Rate, the transfer of funds from your Deposit Accounts at ICS Settlement on the same Business Day (“Same-Day Program Withdrawal”) is available and, if so, the cutoff time for you to request a Same-Day Program Withdrawal (“Same-Day Withdrawal Cutoff Time”). If Schedule 1 so states, a request that we receive and accept before the Same-Day Withdrawal Cutoff Time will be a Triggering Event, in ICS-Daily Rate, for a Same-Day Program Withdrawal.

Program Withdrawals. (a) Subject to the terms and conditions of this Agreement, and except as provided in Section 4.4(b), a Triggering Event for a Program Withdrawal will result in a transfer of funds from the Deposit Accounts at ICS Settlement the next Business Day (“Regular Program Withdrawal”). (b) Schedule 1 states whether, in ICS-Daily Rate, the transfer of funds from your Deposit Accounts at ICS Settlement on the same Business Day (“Same-Day Program Withdrawal”) is available and, if so, the cutoff Withdrawal time for you to request a Same-Day Program Withdrawal (“Same-Day Withdrawal Cutoff Time”). If Time Schedule 1 so states, a request that we receive and accept before the Same-Day Withdrawal Cutoff Time will be a Triggering Event, in ICS-Daily Rate, for a Same-Day Program Withdrawal.

Program Withdrawals. (a) Subject to the other terms and conditions of this Agreement, and except as provided in Section 4.4(b), a Triggering Event for a Program Withdrawal under Schedule 1 will result in a transfer of funds from the your Deposit Accounts at ICS Settlement the next Business Day (a “Regular Program Withdrawal”). (b) Schedule 1 states whether, in ICS-Daily Rate, whether the transfer of funds from your Deposit Accounts at ICS Settlement on the same Business Day (a “Same-Day Program Withdrawal”) is available and, if so, the cutoff time for you to request a Same-Day Program Withdrawal (the “Same-Day Withdrawal Cutoff Time”). If To the extent Schedule 1 so statesprovides, and subject to the other terms and conditions of this Agreement, a request that we receive and accept before the Same-Day Withdrawal Cutoff Time will be a Triggering Event, Event that results in ICS-Daily Rate, for a Same-Day Program Withdrawal.